Vikram, a resident individual aged 45 years, received the following incomes during the previous year 2024-25: S. No. Particulars Amount (₹) (i) Dividend from Indian Company 8,40,000 (ii) Income from winning a TV game sho

Computation of Income from Other Sources of Vikram for A.Y. 2025-26 Particulars Amount (₹) Dividend from Indian Company 8,40,000 Income from winning a TV game show 35,000 Winnings from online card games (Gross value is taxable) (1,40,000 x 100/70) 2,00,000 Family pension after death of his father 1,80,000 Less: Allowed Deduction (under new scheme) (1/3rd of Family Pension amount received or; ₹25,000, whichever is lower) (25,000) Taxable Family Pension 1,55,000 Interest on compensation from a government authority for compulsory acquisition of land 1,20,000 Less: 50% deduction is allowed under Section 57(iv) (60,000) Taxable Interest on Compensation 60,000 Rental income from letting out plant and machinery (not business asset) (Taxable under other sources) 2,40,000 Total Income from Other Sources 15,30,000